HB0079 • 2024

Secretary of state-expedited filings.

AN ACT relating to the administration of government; allowing the secretary of state to charge a fee to expedite filings of documents as specified; and providing for an effective date.

Budget Taxes Technology

Did Not Pass

The latest official action shows that this bill did not move forward in that session.

Sponsor: BlockChain/Technology
Last action: 2024-02-23
Official status: inactive
Effective date: 3/1/2024

Plain English Breakdown

The bill did not pass and has no effective date as stated in the official source material.

Secretary of State Can Charge Fees to Speed Up Document Filing

The bill allows the Secretary of State to charge a fee for faster processing of certain documents and sets rules for how this fee is determined.

What This Bill Does

Allows the Secretary of State to collect fees if someone wants their document processed quickly.
Sets a maximum fee of $5,000 for expedited filing.
Requires the Secretary of State to create rules about charging these fees and processing requests.

Who It Names or Affects

People or businesses who file documents with the Secretary of State's office.
The Secretary of State, who will set rules for charging fees and handling expedited requests.

Terms To Know

Secretary of State: A government official responsible for managing important state records and documents.
Expediting: Making something happen faster than usual.

Limits and Unknowns

The bill did not pass, so it has no effect as of now.
It only applies to specific types of filings under certain Wyoming laws.

Amendments

These notes stay tied to the official amendment files and metadata from the legislature.

HB0079HS001

Standing Committee • House Corporations, Elections & Political Subdivis

Corrected

Plain English: The amendment adds provisions for an expedited filing fee account to be created by the secretary of state, which will fund full-time positions for implementing and administering the act.

Creates a new section in W.S. 9-1-309 that establishes an 'expedited filing fee account' where fees collected under W.S. 9-1-305(a)(viii) will be credited.
Authorizes two full-time positions for the secretary of state's office to implement and administer the act, with a $400,000 appropriation from filings deposited into the special revenue fund.
Specifies that this appropriation is valid until June 30, 2026, and should be included in the standard budget of the secretary of state's office for the next fiscal biennium.

The amendment text does not specify how the funds will be used beyond salaries and benefits for full-time positions.
It is unclear what happens if the two full-time positions are included in other legislation, as specified in Section 3 of the amendment.

Bill History

2024-02-23 House
H COW:H Did not consider for COW
2024-02-22 House
H Placed on General File
2024-02-22 House
H02 - Appropriations:Recommend Do Pass 5-2-0-0-0
2024-02-19 House
:Rerefer to H02 - Appropriations
2024-02-19 House
H07 - Corporations:Recommend Amend and Do Pass 9-0-0-0-0
2024-02-13 House
H Introduced and Referred to H07 - Corporations 60-1-1-0-0
2024-01-24 House
H Received for Introduction
2024-01-22 LSO
Bill Number Assigned

Current Bill Text

Read the full stored bill text

24LSO-0105
2024
STATE OF WYOMING
24LSO-0105
Numbered
2.0

HOUSE BILL NO. HB0079

Secretary of state-expedited filings.

Sponsored by: Select Committee on Blockchain, Financial Technology and Digital Innovation Technology

A BILL

for

AN ACT relating to the administration of government; allowing the secretary of state to charge a fee to expedite filings of documents as specified; and providing for an effective date.

Be It Enacted by the Legislature of the State of Wyoming:

Section 1
.

W.S. 9
‑
1
‑
305(a) by creating a new paragraph (viii) is amended to read:

9
‑
1
‑
305.

Fees; amounts; collection; exceptions.

(a)

The secretary of state shall collect the following fees in advance for:

(viii)

Expediting the filing of any document filed pursuant to title 17, title 34 or title 40, chapters 1 and 2 of the Wyoming statutes, a maximum of five thousand dollars ($5,000.00). Notwithstanding any other law to the contrary, the secretary of state may charge a fee as specified in this paragraph to expedite the filing of a document filed with the secretary of state's office pursuant to title 17, title 34 or title 40, chapters 1 and 2 of the Wyoming statutes upon the request of the filer. The fee and process for requesting an expedited filing shall be established by rule of the secretary of state taking into account the cost of the filing fee and the costs of expediting the filing. The expedition of a filing shall not grant any benefit over a nonexpedited filing for purposes of the timing of filing.

Section 2
.

This act is effective July 1, 2024
.

(END)

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HB0079